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HomeMy WebLinkAbout1429 • i i and shall pPr(orm, comply with and abide by each and every the agreements, stipulations, conditions and cotrenartls thereof, artrl of this ntorfgape, then Ibis mortgage and the estate hereby created, :hall cease, de- IPrminP an~I be null and void. ~nd the murfga{tor IterPby further covenants and agrees to pay promptly when due the principal and infernsl and olller sums of money prorrirlc>(I Jor in said note and Ibis mortgage, or eilhlr; fo pay all and singular 1hP tares, axsrssmPnts, IPI'IPS, liabilities, obligations, and encumbrances of every nature on said pro- perly; fo permit, commit or suffer no u•astP, impairment or deterioration of said land or the improvements Ihern(•n of uny limp: fo keep fhP buildings now or hernafter on said land fully insured in a sum of not les: than full insurable value in n company or c-ompani(•s acceptable fo the mortgagee, the policy or policies to be held by, and payable fo, said morlitagPe, and in the PvPnf any sum o/ money becomes payable by virtue of such insurance the moHgagPP shall have the right to rncPivP and apply the same fo the indebtedness hereby secured, accounting fo the mortgagor Jor any surplus; fo pny all costs, charges, and expenses, including lawyer's Jees and Idle. searches, reasonably incurrnd or paid by the mortgagee because of the failure of the mortgagor fo promptly and fully comply with IhP agrnPmeufs, stipulations, conditions and covenants of said note and this mortgage, 1 or Pillter: to perform, comply u•itlt and abide 6y each and every the agreements, stipulations, conditions and covenants set forth in said note and this mortgage or either. In the event the mortgagor Jails to pay urhen i due a/ly fax, aSSPSSm('11f. Illsllra?ICP prPmillm Or Other slim of money payable l,y virtue of said note and this mortgage, or Pilller, IhP mortgagPP may pay the same, without waiving or affecting the option fo foreclose or any other right hernunder, and all sru~h opaymentslshall bear interest Jrom date thereof of the highest law- ~ Jill rate theft allall•Cd by fhP Iallrs OJ f11P StQIP OJ 1'IOllda. i Dl any sum of monPV herein referred fo be not promptly paid u•ifhin M__15__ days next nJler the same hPCOR?PS due, or if Paclt and every fllP agreements, stipulations, r-ondifions and covenants of said ~ note and this marfgagP. or either, are not fully performed, complied with aid abided by, Then the entire sum mentionP(1 in said rtotP. a??rl Ibis mortgage, or the entire balance unpaid Thereon, shall forthwith or thereafter, of flip opfiort of fhP mortgagPP. become and be due and payable, anything in said note or herein to fhP contrary nolurilhslandimt. ~'ailurn by IhP mortgagee fo exercise any of the rights or options herein provided shall not ronsfifufP a waiver of any rights or options under said note or this mortgage accrued or l therna(1Pr uccnli?ut. 33 ~ _ I ~w~sa:::u.~r ~iii~t'i.+is ierr .uiri muriq:utur itas itenvlat(, siirn(•a an(l s(>alP(t these preseuis the ' s day and year first Whore u•riflPn. ~ c -'1G~ - v ignwl. PaIP ar dPlirPrPd in 1hP prvcPnrP of ~ l _ _ \ alvatore Patti ~ f ~ 1 Y _ _ - s Cecelia Patti I i I t STATE (>F F'Lc?RIDA, ` I ItEREBY CER"CIFt' that on this day, betorr mt, an ~ offi(rr r1uh~ .ruthr~rirr•d in thr~ State afurrsaid and in the (:ounh• aforesaid to takr a(knowled¢mcnts, personalls• appeared j Salvatore Patti and Cecelia Patti, his wife t to tnr• knr,wn to iw- th•• IH•rsor$ drs(rihed in and who ear•r uteri thr forr•¢orn¢ tnstrumtnt andthey a(knowledgtd If ~ Ixfnr.• m•~ th.,t they rxr•r uteri the samt- E 1 ~ I ~\'I"1 \ESS m~~ hand and of(ir ial seal in thr Counh" and St.rtr• last aforesaid this ~ 8th day of I 'Oct , D- 19 79 . ~ 1_ 1 _ _ L-. I i s I ~ , \ 1 FILEO I SLt_t;r~, ~'~A Notary Pudlic t F ~ ~My commission expires: RECO~ tHOTN? PIliltt Sfr?R QI gpRlpiA Ai Wt,~ IIr GOMMISSI OM El~l~lL fJC1. f1N DEC ZO ' 8 52 A~ 79 ~ ~ ra. ~ t t /lrrs /a)Irrrrrrrrr/ prr%?urr(l l)y: i .•~(/c/i~xc LAV'/YER~ TITLE 'N'~. C"^P a(>,~c 322 PAGE 1424 I